Nonprofit · EIN 22-2663141
BROWN FOUNDATION INC
Tax-exempt · PALM BEACH, FL 33480
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| November 30, 2024 | 990-PF | $1,270,293 | $1,673,819 | -$403,526 | $10,604,799 | $44,291 | $10,560,508 |
| November 30, 2023 | 990-PF | $1,451,820 | $160,011 | $1,291,809 | $10,990,717 | $26,683 | $10,964,034 |
Financial details: 990-PF for the year ended November 30, 2024
Revenue
- Contributions, gifts and grants
- $765,111
- Dividends
- $393,254
- Interest
- $38,708
- Net rental income
- -$14,785
- Net gain from sales of assets
- $26,699
Expenses
- Grants and similar amounts paid
- $1,601,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $1,601,000
- Excise tax on investment income
- $6,170
Balance sheet and other
- Total assets, start of year
- $10,990,717
- Total assets, end of year
- $10,604,799
- Total liabilities, end of year
- $44,291
- Net assets, end of year
- $10,560,508
- Fair market value of assets
- $10,719,310
- Qualifying distributions
- $1,601,000
- Net investment income
- $505,182
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended November 30, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID BROWN 44 COCOANUT ROW APT NO B317, PALM BEACH, FL 33480 | PRESIDENT | 0.5 | $0 |
| ADAM R BROWN PO BOX 70, ENGLEWOOD, NJ 07631 | SECRETARY/TREASURER | 0.25 | $0 |
| NIKKI MINTZ BROWN PO BOX 70, ENGLEWOOD, NJ 07631 | OFFICER | 0.25 | $0 |
990-PF for the year ended November 30, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID BROWN 44 COCOANUT ROW APT NO B317, PALM BEACH, FL 33480 | PRESIDENT | 0.5 | $0 |
| ADAM R BROWN 545 CEDAR LANE, TEANECK, NJ 07666 | SECRETARY/TREASURER | 0.25 | $0 |
| NIKKI MINTZ BROWN 545 CEDAR LANE, TEANECK, NJ 07666 | OFFICER | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- 44 COCOANUT ROW UNIT B317, PALM BEACH, FL 33480-4080
- Signed the 990-PF
- DAVID BROWN, PRESIDENT
- Phone
- (201) 863-0099
- Return prepared by
- KSM BUSINESS SERVICES INC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in November, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2024 | November 30, 2025 | April 15, 2026 | Not on file |
| 2023 | November 30, 2024 | April 15, 2025 | 990-PF on file |
| 2022 | November 30, 2023 | April 15, 2024 | 990-PF on file |
IRS record
- EIN
- 22-2663141
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1986
- Accounting year ends
- November
- Files
- Form 990-PF
- Assets (IRS master file)
- $10,604,799
- Income (IRS master file)
- $1,542,419
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | November 2024 | $1,270,293 | $1,673,819 | $10,604,799 | IRS |
| 990-PF | November 2023 | $1,451,820 | $160,011 | $10,990,717 | XML |
| 990-PF | November 2022 | – | – | – | IRS |
| 990-PF | November 2021 | – | – | – | IRS |
| 990-PF | November 2020 | – | – | – | IRS |
| 990-PF | November 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about BROWN FOUNDATION INC
- What is the EIN of BROWN FOUNDATION INC?
- The employer identification number (EIN) of BROWN FOUNDATION INC is 22-2663141.
- Is BROWN FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
- Are donations to BROWN FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does BROWN FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of BROWN FOUNDATION INC due?
- The return for tax year 2024 (the year ending November 30, 2025) is due April 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BROWN FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended November 2024.
- Who are the officers and directors of BROWN FOUNDATION INC?
- The 990-PF for the year ended November 30, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does BROWN FOUNDATION INC have?
- On its 990-PF for the year ended November 30, 2024 it reported revenue of $1,270,293, expenses of $1,673,819 and total assets of $10,604,799 at year end.
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